Latest Geology News

Western Gold Resources Limited has released an updated Scoping Study for its Gold Duke Project, revealing a 47% increase in estimated cash surplus to A$56.1 million at a conservative gold price. The study outlines a 14-month mine life with enhanced production targets and secured processing agreements, positioning the project for near-term development.

Tempest Minerals has launched an auger sampling program at its Range Project in Western Australia, complementing imminent reverse circulation drilling targeting promising gold zones. This marks a significant step in refining drill targets following encouraging rock chip results.

Platina Resources has secured cultural heritage clearance to begin a 12-month exploration program at its Mt McKenna Gold Project in Western Australia’s prolific Eastern Goldfields, targeting promising gold anomalies with drilling set for November.

Lefroy Exploration Limited reports outstanding high-grade gold assays from its Lucky Strike drilling program, bolstering plans for an expanded Stage 2 pit and advancing production timelines in the Kalgoorlie district.

Morella Corporation has expanded its critical minerals portfolio by acquiring the Dixon Well Project in Western Australia, confirming significant titanium mineralisation with assays up to 17.0% TiO2. This move diversifies Morella’s assets beyond lithium and rubidium into a mineral critical for aerospace and defence industries.

North Stawell Minerals (ASX – NSM) advances drilling at its North Stawell Gold Project, revealing promising high-grade gold intercepts and a robust exploration pipeline near the historic Stawell mine.

Tambourah Metals has identified seven promising antimony drill targets at its Speewah Nth project, supported by strong silver and copper anomalies from recent sampling. The company plans up to 1200 metres of reverse circulation drilling pending approvals.

AXP Energy has successfully reached the target depth in its Charlie #1 well, revealing over 290 feet of promising oil and gas shows across multiple formations. The company is now preparing for detailed logging to assess commercial viability.

Trigg Minerals has acquired a 100% stake in the Central Idaho Antimony Project, a district-scale high-grade antimony-gold asset in a Tier-1 US jurisdiction, supported by a $5 million strategic placement from Tribeca Investment Partners.

Adavale Resources has reported its strongest gold intercept in three decades at the London Victoria Gold Mine, revealing significant potential to expand its resource base well beyond current estimates. The company is gearing up for a second phase of drilling to further explore these promising findings.

Argent Minerals has pinpointed multiple priority drill targets at its West Wyalong Copper-Gold Project, leveraging both orogenic gold and porphyry copper-gold models in a region rich with world-class deposits. The next phase involves securing land access and deploying geophysical surveys to refine these promising targets.

Yandal Resources has reported significant new reverse circulation drilling results at its Arrakis Prospect, extending the gold mineralisation by 400 metres and confirming continuity over a 2.2km strike. Follow-up diamond drilling and heritage surveys are set to further define this promising discovery in Western Australia.